Permian Resources Corporation (NYSE:PR) is one of them Most pledge deposits under $20. On February 26, Perman Resources reported financial results for 2025, indicating an 18% increase in free cash flow per share to $1.94 year-over-year. The company increased its oil production guidance by 5%, averaging 188.6 thousand barrels of oil per day in Q4. Management attributed this success to a highly repeatable business model focused on the Delaware Basin, which reduced drilling and completion/D&C costs to a record low of $700 per foot.
The company’s strategy for 2026 focuses on doing more with less, leading to a 5% increase in total production despite a $120 million deficit. Key to this plan is a further reduction in D&C costs estimated at $675 per foot, a 20% reduction from 2024 levels. Permian Resources also addressed regional infrastructure constraints by lowering the price of ‘Waha’ gas. Through new midstream contracts, Permian Resources Corp. (NYSE:PR) expects gas prices to shift from a $0.4 discount to a $0.5 premium over Waha benchmarks by 2026.
Permian Resources maintained an aggressive ground game in acquisitions, closing ~700 transactions totaling $1.1 billion in 2025. The deal added 250 high-return rate locations, ensuring the company acquired more inventory than was drilled for the third consecutive year.
Permian Resources Corporation (NYSE:PR) is an independent oil and natural gas company that develops rich natural gas reserves of crude oil and associated liquids in the United States. The company’s assets are primarily focused on the Delaware Basin, which is a sub-basin of the Permian Basin.
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Read more: 40 most popular stocks among hedge funds heading into 2026 and 33 stocks that should double in 3 years.
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